Credit Analyst, Commercial Banking

Standard Chartered Bank - UAE

UAE

Ref: HP048-1166

Job description / Role

Employment: Full Time

Credit Analyst, Commercial Banking, Dubai

Purpose
* Primarily responsible for managing the credit risk associated with the portfolio and ensuring high quality of the portfolio.
* Closely work with the Relationship Manager (RM) from the origination and play a vital role in deal structuring to add good value from a credit/policy perspective.
* Work with the RM on a specified portfolio and facilitate revenue growth in the portfolio.

Key Roles and Responsibilities

Origination
* Interact with the client, gather deal requirements, financial statements and other inputs for performing quality analysis and due diligence.
* Work with RM/product partners in structuring credit solutions for the clients and ensuring the appropriateness of the products.
* Work with the RM, in a) obtaining all pre clearances like ER negativity, segmentation, etc. b) preparing & presenting work-shopping note and c) expediting approvals.
* Responsible for end-to-end BCA process including preparing all the tools like Odyssey, Scorecard, etc, in-depth analysis of various risks, quality presentation and ensuring fast credit approval.
* Ensure compliance of all internal and regulatory credit/other portfolio related policies e.g. preparing the Country portfolio standard checklist, Temasek check, other special reporting requirements, etc.
* Liaise with GAM Credit for limit approval/allocation.
* Release the trade offerings in IMEX, after obtaining the necessary approvals.
* Seek necessary approvals for excesses in the account.

Post Deal Account monitoring
* Monitor quality of the portfolio by tracking Excess/past dues, strictly complying with ASTAR, EAR processes.
* Monitor Risk Triggers, Covenants and other credit conditions and report appropriately
* Ensure Zero BCA over dues.
* Liaise with Credit on BCA and other credit issues and ensure quick turnaround on queries.
* Proper maintenance of Credit files and ensuring Audit Ready at any time
* Attend EAR/Portfolio call/MTM calls along with the RMs
* In partnership with the relationship manager, ensure timely identification of accounts to be put in EAR as per the bank\'s policies and guidelines

Others
* Prepare timely Stress Tests wherever required
* Prepare specific industry study
* Prepare Credit Opinion reports wherever required.
* Effective use of Creditmate & RMWB

Requirements

* Business, Accounting or related degree level education or equivalent preferred. Certification in Core Credit Curriculum desired.
* Excellent financial analysis skill and ability to assess client creditworthiness and key risk considerations / mitigations.
* Preference would be given to candidates with ability to create financial models and experience in handling Complex Credits.
* Previous relevant experience in serving business/commercial/corporate clients is essential in this role.
* Product knowledge on trade, cash, lending and FX and strong understanding of local industries, supply/value chains and market environment.
* Knowledge of operational procedures, documentation requirements, banking practices and regulations related to commercial banking.
* Outstanding communication and presentation skills.

About the Company

Standard Chartered Bank started in 1958 in UAE with its first branch in Sharjah. The Group’s business gradually increased in Dubai with the opening of several branches and today, Dubai is the administrative hub of the Middle East and South Asia Region. In its 43rd year, the Bank enjoys the position of having the most extensive branch network among foreign international banks in UAE with 10 branches emirate-wide.

Standard Chartered is an international bank, focused on the established and emerging markets of Asia, Africa, the Middle East and Latin America with an extensive global network of more than 600 offices in over 50 countries. The three principal business groups are Global Markets, Personal Banking and Corporate and Institutional Banking.

In UAE, we are one of the leading banks, offering an extensive range of products and services for personal customers, local companies, multinational corporate and financial institutions.

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Credit Analyst salaries in UAE

Average monthly compensation
AED 8,500

Breakdown available for industries, cities and years of experience